SolarCity Expands to Houston Area, Launches Popular Solar Service for the First Time

SolarCity®, America's #1 solar power provider, is making its popular solar service available to homeowners in Greater Houston for the first time. SolarCity makes it possible for area homeowners to go solar for as little as $40 per month, with design, installation, financing, monitoring and a performance guarantee included. SolarCity will also provide and install a Nest Thermostat at no additional cost for qualifying customers.

SolarCity and local retail electricity provider MP2 Energy give Houston-area customers, whose transmission service provider is CenterPoint Energy, access to full net metering benefits through a unique partnership.  The partnership allows SolarCity customers that use MP2 as their retail electricity provider to receive retail credit against future electricity use for any solar electricity they provide back to the utility grid during the day.

SolarCity allows customers to purchase a solar power system outright or finance the purchase of a solar system via a customized solar loan, or lease the solar panel system for the benefit of all the solar power it provides. The company has leveraged its installation volume—SolarCity installed more residential solar in 2015 than the next 50 competitors combined—to negotiate extremely favorable terms with financing partners on behalf of its customers. SolarCity also provides battery storage systems to customers that can allow customers to continue to have access to electricity during storm-related power outages.